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Contact Us
Proactive Accountants in
Cheltenham
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Take another look....
Have you
wanted a fresh view on things recently? Do you feel that you get enough
support and advice from your present accountant? But are you concerned about
upsetting the balance by talking to someone new?
Call us now on
01242 265 766 to arrange a FREE no-obligation, confidential chat - We believe that is all
it will take for you to discover that we see things differently.
Accounting services with a difference!
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What's In A Name?
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| The area which is
often the most difficult when starting a new venture is choosing a name
for your business! But did you know that you cannot call your business by
any name you like!
Care must
be taken in naming your company. The word "Limited"
or "Ltd" ("Cyfyngedig" or "Cyf" may be used
in Wales) must be included as the last word of the name.
You cannot use the same name as, or
one too similar to another company, or use a word that is offensive or
which use would constitute a criminal offence.
Certain words are not allowed which
would give a misleading impression that your company was in some way
connected with HM Government or a local authority.
Certain sensitive words and phrases
are restricted and require the approval of the Secretary of State for
Trade and Industry. Such words could imply:
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National
or international pre-eminence (e.g. British, National) |
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Authoritative standing (e.g. Association, Society) |
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Specific
objects or functions (e.g. Assurance, Trust, Chartered)
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Other words also requiring approval
from the Secretary of State must first be cleared with the relevant body;
e.g. "Charity" requires approval from The Charity Commission.
Some basic rules apply:
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A sole
trader can trade in his/her own name - but a company might not be able
to! |
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A
partnership could trade in the names of the partners, e.g. Mr Jones and
Mr Spencer could trade as ‘Jones and Spencer’ - but a company might not
be able to! |
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A Company
must register its name with Companies House, and the name must comply
with the rules above. |
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A
Company, however, may trade under a different name other than its
registered name. But it must disclose the registered name on its
letterheads e.g. Joe Bloggs Limited trading as Quick Think Computing. |
Further detailed
guidance about company names is available free from Companies House -
click here
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If you want to check the availability of your company name call us for advice
on 01242
265 766 |
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